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help with the following 20-39 Consider the following balance sheet and income statement for Metro Eagle Outfitters, in condensed form, including some information from the

help with the following

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20-39 Consider the following balance sheet and income statement for Metro Eagle Outfitters, in condensed form, including some information from the cash flow statement: Balance Sheet 2019 2018 2017 Cash and short-term investments $ 630.992 $ 745.044 $ 734.693 Accounts receivable 46.321 40.310 36.721 Inventory 332.452 367,514 301.208 Other current assets 132.035 134.620 101.788 Total current assets 1,141.800 1.287.488 1.174.410 Long-lived assets 582,832 647.482 593.802 Total assets $ 1.724.632 $ 1,934.970 $ 1.768.212 Current liabilities $ 432,902 $ 405,401 $ 387.837 Total liabilities 503,445 517.786 417.141 Shareholders' equity 1.221.187 1,417.184 1.351.071 Total debt and equity $ 1.724.632 $ 1,934,970 $ 1.768.212 Income Statement Sales $ 3,475.802 $ 3.120.065 $ 2.945.294 Cost of sales 2.085,480 1.975.471 1.763.143 Gross margin $ 1,390,322 $ 1,144,594 $ 1,182,151 Operating expenses 988.284 869.385 864.776 Earnings before interest and taxes $ 402.038 $ 275.209 $ 317.375 Net income $ 232.108 $ 151,705 $ 140.647 Interest paid in cash 80 182 161 Taxes paid in cash 142.009 99,756 45.737 Cash Flows Cash flow from operations $ 499.671 $ 398.137 $ 380.416 Capital expenditures 93.939 89.466 75.904 Dividends 85.592 85.592 83.166 Required Calculate the following liquidity ratios for Metro Eagle in 2018 and 2019: 1. Inventory turnover. 2. Current ratio. 3. Quick ratio. 4. Cash flow ratio

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